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CCP 01-08-1996
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CCP 01-08-1996
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5/8/2007 1:12:40 PM
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11/10/2006 3:11:09 PM
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<br />I' <br />I DRAFT OUTLlr--TE <br />Ie NATIONAL SPORTS CENTER ICE COMPLEX <br /> AGREEMENT <br />I FINANCING: <br /> COST OF COMPLEX <br />I A. $7 Million <br /> I. Down payment $2 million <br /> (Divided Pro Rata) <br />I 2. Bonding (Anoka County) $5 million <br /> B. $8 million <br />I 1. Down payment $2.5 million <br /> (Divided Pro Rata) <br /> 2. Bonding (Anoka County) $5.5 million <br />I C, $9 million <br /> I. Down payment $3 million <br />I 2. Bonding (Anoka County) $5.5 miliion <br /> 3. Other fundraising $ .5 million <br />Ie RIGHTS OF PARTiCIPATING COMMUNITIES <br /> A. Exc1ush'e Right to Rent (at Market Rate) Sept. 1 ' May 30 <br />I 85% prime hours <br /> (Mon. - Fri. 3 p.m. - 11 p.m., Sat. - Sun. 7 a.m. . ! 1 p.m.) <br />I B. Exclusive Preference For All Additional Non-prime Hours Sept. 1 - May 30 <br /> (Events & Tournaments such as All-American Women can pr~mpt non-prime <br /> hours) <br />I c. Design Input (e.g. colors, etc.) <br />I D. Storage ond/or dedicated locker room space. <br /> OBLIGATION OR PARTICIPATING COMMUNITIES <br />I A. Pro rata share of down payments <br />I B. 20 year lease (backed by municipality) Agreed to subscribe to 2600* hours/year <br /> @ market rate <br />I *For reference Fogerty arena in Blaine schedule juslless than 3000 hours year. <br />f' <br />I <br />
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